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Office Market Report Brussels Q3 2015: Property investment in Belgium surges to a 8 year high

  • ​Investment volume year-to-date jumped by 59% y-o-y to € 3.3 bn, already exceeding full year 2014 level, boosted by huge shopping center deals
  • Prime yields are down for every asset
  • The office occupiers activity in Brussels is slow to recover: take-up over 9 months is down 27% y-o-y to 226,000 sq.m., however large size deals are awaited in the near termVacancy declines further to 9.6%,
  • Prime rents are unchanged so far at € 275 / sq.m. / y
Special topic: New public transport lines could reboot the office market

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